The process of looking for a suitable successor for New York Times Co. chairman and publisher's post has already started. Arthur Sulzberger Jr., said that The Times plans to name its new deputy publisher in the coming couple of years who would finally take up his role.

In the first quarter, GameStop Corp, which is the largest video game products retailer in the world reported revenue and profit, which surpassed the expectation of analysts. The boost in revenue was mainly helped by higher sales of "Mortal Kombat X" and "Evolve", newly released games and also a boost in downloads of mobile games.

California is struggling with its water situation as it goes through the fourth year of distressing drought which has affected the farmers badly, many of whom have been forced not to plant crops in their fields. That's not all communities who rely on water from wells have no or little to water to drink.

Last year, A. G. Lafley, Procter & Gamble's CEO had announced that the consumer goods and personal care products company planned to revamp the brand portfolio majorly. Recently it was noted that P&G plans spin off or sell off about one hundred of its brands by the summer this year.

SAP, the largest software company of Europe has launched a very high-stake services in about two decades, in a bid to revamp its core software line. It aims to persuade its corporate multinational customers that the new software can run their most important applications to foretell business conditions.

Reportedly, Sprint Corp. and Amazon. com Inc are planning to buy some stores of the struggling electronics retailer RadioShack after it files for bankruptcy.

Reports say that Seattle-based Amazon is considering using the stores of RadioShack as showcases for the hardware merchandise of the company and also likely centres for pickup and drop-off for its online customers.

On Friday, a U. S. judge appeared to be unconvinced about the bid that Uber wants as a quick pre-trial ruling, which says that the drivers working for the company are contractors and are not its employees.